Chapter 77: The Response of Sakura Country's Car Companies (The Chapter is Now Live, Please Support with First-Time Subscriptions!)

The words of Xiaoxi Heshi, president of Yutian Group, were met with approval by quite a few people.

But someone shook their head:

"Our country's automobiles rely mainly on overseas markets; sales depend fundamentally on foreign countries. So what if the domestic market bans the Thor Battery? It will have almost no impact on the Thor Battery at all."

"Furthermore, I don't believe foreign car companies like Volkswagen or Ford will cooperate with our idea to ban the Thor Battery."

"After all, Solid-state Battery Technology is indeed the trend of the future. We are already lagging behind; if we reject solid-state batteries now, it is equivalent to cutting ourselves off from the market. Even if we use public opinion to temporarily protect the domestic market, what is the point?"

"If things continue this way, our technology will only fall further and further behind. In the future, we won't even be able to integrate into the global automotive industry chain; we will only become less and less competitive, and sooner or later, it will be a dead end."

"To put it bluntly, whoever resists the Thor Battery will be rejected by the future automotive market."

"I don't think those car companies are willing to play this game of ruining their own prospects with President Xiaoxi."

"As long as even one car company refuses to cooperate, our blockade action will be meaningless; instead, it will be equivalent to handing the market over to others on a silver platter."

"Therefore..."

"I suggest that not only should we not boycott the Thor Battery, but we should instead decisively abandon the internal combustion engine industry, fully embrace new energy, and immediately contact Tianqi Energy to strive to secure orders for the Thor Battery."

"Only by actively catering to it will there be a chance for survival in the future."

Xiaoxi Heshi let out a cold snort: "That's easy to say. Do you have any idea how many companies, how many jobs, and how much output value our country's internal combustion engine industry chain involves? You want to abandon it just like that? Do you think these are all small businesses like yours?"

That person shrugged:

"My company indeed does not have the scale of Yutian Group, but in the face of the Thor Battery, Yutian Group has no power to resist either."

"In this internationalized market, when facing more advanced technology, we can only cater to it; any other approach is just drinking poison to quench thirst."

The president of Mutian Group shook his head and said: "Catering is one thing, but we must wait until we are prepared before we cater. It is impossible to let the internal combustion engine industry chain collapse all at once."

"Moreover, the Apocalypse Energy Factory is not large, and the Thor Battery is a new technology; the initial production capacity will certainly not be very high. Even if we contact them now, it is impossible to secure much capacity."

"Therefore, at this stage, we must use various means to delay the entry of the Thor Battery."

"We must also use public opinion to guide the public's perception, let experts confuse the public's understanding, and make everyone question the Thor Battery technology. Only in this way can we protect the existing internal combustion engine industry chain as much as possible and keep the stock market from crashing so quickly."

"What we need now is to buy time to slowly adjust our internal combustion engine strategy and shift toward new energy; only then will we avoid suffering too heavy a loss."

"Therefore, on one hand, we must block the entry of the Thor Battery through official channels or public opinion, and on the other hand, we must actively approach Tianqi Energy to try our best to secure orders for the Thor Battery."

"When the new car models equipped with the Thor Battery are released, we can then completely lift the control on public opinion. At that time, with the positive news of the new models to hedge, we can at least minimize losses and protect the stock price."

Another person hesitated and said:

"But if we do this, we will at most deceive the ordinary public. Those large investors will still sell their stocks and leave the market. By then, the retail investors who were misled by public opinion and failed to sell their stocks in time will be the ones who suffer the most in the stock market. It's possible that quite a few people will be driven to a dead end because of this..."

Xiaoxi Heshi said coldly:

"Such disasters must be borne by someone. What does it matter who it is? If they want to blame someone, they can only blame themselves for being so easily swayed by public opinion."

"We major car companies are also victims; we have no leisure to sympathize with them."

After the Sakura Country Automotive Industry Joint Conference ended, the major car companies and the authorities exerted their influence simultaneously, inviting various experts to analyze the pros and cons of the Thor Battery.

Naturally, the focus was primarily on attacking its shortcomings.

For a time, all kinds of negative news about the Thor Battery spread wantonly, from the internet to television and then to self-media.

At the same time, the three major car companies also successively released news of breakthroughs in Solid-state Battery Technology.

There were even rumors that Yutian Group had secretly begun mass production of solid-state batteries and had reached cooperation agreements with multiple car companies, and that mass-produced models equipped with solid-state batteries would be on the market in a few months.

Coupled with the fact that the major car companies and the authorities worked together to turn the tide in the stock market, they actually significantly slowed the trend of falling stock prices.

This allowed many retail investors to breathe a sigh of relief, feeling that the Thor Battery was nothing special and not worth mentioning in front of the three major car companies of Sakura Country.

Some aggressive, wealthy retail investors, seeing that there were still many stocks of the three major car companies being listed for sale in the stock market at prices much lower than usual, gritted their teeth, invested more capital, and began buying them up on a large scale.

"The bold are stuffed to death, the timid are starved to death. It's not easy to have a chance to buy so many stocks of the three major car companies at a low price; might as well take a gamble!"

"If I win, my net worth will skyrocket; if I lose, at worst I'll just start over from scratch!"

There were quite a few people who held such thoughts, but more people remained in a wait-and-see attitude.

Under such a situation, the stock prices of the several major car companies in Sakura Country gradually stabilized. Although they had fallen by five percentage points compared to yesterday, the downward trend had already been slowly halted.

After receiving the report from Luan Weiliang.

Su Xin smiled and said: "It doesn't matter. The more you cover a fire, the more fiercely it burns. The more they block it like this, the more violent the next eruption will be. When the stockholders lose confidence in the three major car companies next time, it will inevitably be an avalanche that no one can stop."

"I have already contacted the relevant team and am about to exert influence on the internet in Sakura Country to guide public opinion in all aspects. Coupled with the coordination of our actions here, no one can stop the general trend."

He hung up the phone.

Su Xin looked at Ding Kuiyong, who was sitting opposite him, and smiled: "You just got off the plane; why don't you go back and rest for a day? There's no need to rush over."

Ding Kuiyong said with a serious expression: "Now is a critical period when Tianqi Energy is about to expand rapidly. If I start familiarizing myself with the business earlier, I can contribute to the company sooner."

Su Xin nodded and said casually: "Alright then. Regarding benefits and other aspects, Liu Qingli should have already communicated everything with you. If there are no problems, you can go sign the contract first, and I'll have the other Liu later handle the handover of work content with you."

"Understood, Boss!"

Ding Kuiyong stood up and left.

In the office.

Su Xin leaned back lazily against his chair and began to summarize the progress of various aspects of the new energy strategy.

The Thor Battery technology was already mature.

Mass production had already begun, just waiting to acquire a large number of battery factories and expand production lines.

In terms of funds, there was currently ten billion in low-interest bank loans, plus a large sum of money from the Sakura Country stock market that would arrive within a month at the latest. If paid in installments, it would be enough to satisfy the needs of the acquisition plan.

The biggest problem next was the supply chain.

If there were not enough raw material supplies, even if he acquired more factories and the production process was mature, it would not be easy to increase output.

And regarding this point, Liu Qingli had also helped him plan it out in her original strategic plan.

He only needed to wait for the acquisition plan for the battery factories to be settled, and then he could proceed to solve the supply chain problem.

"However, there is another problem: Tianqi Energy is becoming more and more powerful now, and its assets and scale are much larger than Tianqi Technology. It is no longer suitable to be affiliated under the name of Tianqi Technology, and there is no subordinate relationship between the operations of the two. Perhaps it should be separated independently."

"In this way, the company structure should also be adjusted; the new companies established in the future will also be on par with Tianqi Technology and Tianqi Energy, rather than being affiliated under a certain company."

Su Xin thought this to himself, and just as he was about to call Liu Qingli to give her instructions, he happened to see a call coming in.